Reisterstown, MD is a bustling suburb located northwest of Baltimore. This area is full of local businesses such as Reistertown Hardware Store, G&G Quality Markets, and Tafford Uniforms. Reistertown also boasts a variety of popular restaurants including Corner Cafe, Ram's Head Tavern, and Rumblefish Poke & Sushi Bar. The cost of living in this area is relatively high due to the 2 bedroom rent being $1,590 compared to the US average of $1,430. Additionally, the grocery cost index in Reisterstown is 102 versus 100 in the US. However, people value living here because it offers close proximity to Baltimore while still being far enough away to have its own unique atmosphere.
Reisterstown has an unemployment rate of 6.0%. The US average is 6.0%.
Reisterstown has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Reisterstown
- The Sales Tax Rate for Reisterstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reisterstown is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Reisterstown
- The average income of a Reisterstown resident is $28,549 a year. The US average is $28,555 a year.
- The Median household income of a Reisterstown resident is $73,040 a year. The US average is $69,021 a year.